What do the Long-Term Technicals Predict for Liquity USD (LUSD) Thursday?

Thursday, March 28, 2024 09:34 AM | InvestorsObserver Analysts

InvestorsObserver gives Liquity USD an average long-term technical score of 39 from its research. The proprietary scoring system take into account the historical trading patterns from recent months to a year of the token's support and resistance levels, in addition to where it is relative to long-term averages. The analysis helps to determine whether it's a strong buy-and-hold investment opportunity currently for traders. LUSD at this time has a superior long-term technical analysis score than 39% of crytpos in circulation. The Long-Term Rank will be most relevant to buy-and-hold type investors who are looking for strong steady growth when allocating their assets. Combining a high long and short-term technical score will also help portfolio managers discover tokens that have bottomed out.

InvestorsObserver is giving Liquity USD a 39 Long-Term Technical Rank. Find out what this means to you and get the rest of the rankings on Liquity USD!

See Full Report

Trading Analysis

Liquity USD's price is $0.0000000 (-0.23%) below its 100-day moving average price of $1.000000000 as its price at the moment sits at $1.000000000. Additionally, LUSD is $0.0100000 (-1016.16%) higher than its 52-week low price of $0.980000000 while -$0.07000000 (-845.21%) under its 52-week high of $1.070000000. The current trading price in relation to its long-term average along with its 52-week high and low, gives LUSD an average long-term technical score of 39. Long-term trading movement of Liquity USD suggest that investors are bearish on the token at the moment. Liquity USD currently has a total market cap of $123,646,675.89 to go along with its average daily volume of $9,843,196.11 worth of the currency over the past seven days. LUSD's volume is below its seven day average as of the past 24 hours, with 1,410,254.03 exchanged in that period. This token's subclass Stablecoins: Stablecoins are cryptocurrencies whose value is designed to track the performance of fiat money (such as the U.S. Dollar or Euro).

Summary

Technical analysis of Liquity USD over the past year results in the crypto receiving a an average long-term technical score of 39 as its price movement in that time has given traders reason to be bearish on the token in the long-term. Click Here to get the full Report on Liquity USD (LUSD).